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Economic Development Specialist Salary

Economic Development Specialists in the United States can expect wages of $50K per year on average. The majority of workers are highly satisfied with their job. Medical benefits are awarded to almost all, and a fair number earn dental coverage. Men working as Economic Development Specialists who took the survey just slightly outnumber women at 56 percent. Participants in PayScale's salary questionnaire provided the particulars of this report.

$34,178 - $82,196
(Median)
$34K
$50K
$82K
MEDIAN: $49,513
10%
50%
90%

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$13.07 - $58.72
(Median)
$13
$21
$59
MEDIAN: $21.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$29K$58K$87K
Salary
$34,178 - $82,196  
   
Bonus
$0.00 - $6,219  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,349 - $85,027  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 109
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20$40$60
Hourly Rate
$13.07 - $58.72  
   
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $6,219  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,349 - $85,027  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 12

Find Out Exactly What You Should Be Paid

United States (change)


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Economic Development Specialist Job Listings

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Economic Development Specialists typically list a handful of skills they use on the job. Fortunate workers who know Business Development command much higher paychecks, scoring salaries 26 percent above average. Skills that seem to negatively impact pay include Project Management.

Pay by Experience Level for Economic Development Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


The average inexperienced worker's salary is approximately $45K, and people with five to 10 years of experience bring in more at around $57K on average. Economic Development Specialists see a median salary of $76K after reaching one to two decades on the job. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $69K by contrast.

Economic Development Specialist Advice

What do you wish you knew about your job when you first started out?

Economic Development Specialist in Rome:
"Think Long Term."
Always surround yourself with good leaders.

Related Job Salaries

United States (change)

Experience Affects Economic Development Specialist Salaries

Experienced
up arrow 52%

Late-Career
up arrow 39%

Mid-Career
up arrow 15%

National Average
$50,000

Entry-Level
up arrow 9%

Skills That Affect Economic Development Specialist Salaries

Business Development
up arrow 26%

National Average
$50,000

Project Management
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
6%
1-4 years
50%
5-9 years
21%
10-19 years
17%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 80%
vision benefits Vision: 60% employee benefits None: 5%
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